Shell on March 8 said it will stop buying Russian oil and natural gas. Shell said it would immediately stop all purchases of Russian crude oil and shut down much of its business in Russia, including all of its gas stations. Shell also plans to work on removing Russian gas from its supply chains, which could take weeks, and will begin a phased withdrawal from Russian petroleum products other than crude oil. Shell CEO Ben van Beurden said the company’s recent decision to buy a shipment of Russian crude oil “was not the right one and we are sorry.” Shell had already moved to end its involvement in Nord Stream 2, a pipeline that runs from Russia to Germany, and exit partnerships with Russian companies like Gazprom. It also pledged to send the profits from the rest of the Russian oil it will process to “a dedicated fund” that will …